Suburb Profile Report for Calamvale QLD (4116)

Calamvale House: Median price $667,694, Annual capital growth 4.98%, Number of sales 202, Weekly median advertised rent $450

Calamvale Unit: Median price $386,450, Annual capital growth 2.47%, Number of sales 136, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property value increases in Calamvale have tracked close to the QLD average of 2.41% over the last 12 months.

The five-year average increase in median property values for Calamvale,4116 has given property investors a potential capital gain of 36.54% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Calamvale, 4116. Typically our figures indicate that -3.97% is being offered, which puts this QLD suburb at 3072th most discounted overall in Australia.

At number 990 in a list of fastest selling suburbs, Calamvale is in the TOP 30% of suburbs in Australia with an average of days on market 58.85 for properties listed there.

The QLD suburb of Calamvale, 4116 is in the Brisbane local government area.

If you compare the increase in value of investment property in Calamvale, 4116 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.39%.

Calamvale,4116 has offered an average of -2.39% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -4.78% to buyers in Calamvale at the moment, which is less than average for the rest of QLD.

At number 889 in a list of fastest selling suburbs, Calamvale is in the bottom 40% of suburbs in Australia with an average of days on market 85.01 for properties listed there.

Situated 13.63km from the CBD, Calamvale is one of Brisbane localities in the postcode 4116.

YIP MAG Information supplied by:

YIP MAG
July 2015

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Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.Full summary
 
Calamvale is a big suburb and the most populated in the greater Brisbane area, yet it is also renowned for being quiet, peaceful and family-friendly.

Transport options to the city (18km away) are convenient thanks to the Logan Motorway, regular buses and the nearby train stations.

Current demand for the area is indicated by the fact that houses typically spend just 44 days on the market, which is a much quicker turnover than many suburbs nearby.

The vacancy rate is also a tight 1.51%, according to Real Estate Investar.

This demand is already translating into capital growth, as the median price of houses has grown by 6% in the past 12 months.

Three- or four-bedroom houses on Bowerbird Pl and Fig Tree St are located on cul-de-sacs which are a sought-after part of Calamvale.

They are very close to shops, schools and public transport to the city.

They can be bought there for less than $520,000.
 
Top amenities:  Calamvale Marketplace, Stretton College, Sunnybank Hills Shopping Centre, Sunnybank Primary, Calamvale Community College, easy access to Gateway and Logan motorways, Grand Plaza Cinemas and shopping centre, Runcorn Heights Primary
 
Public transport: Multiple bus routes, Altandi, & Runcorn train stations.
 
Main arteries:  Very well established car, bus and rail transport infrastructure including the existing Logan motorway, offering ready access to both the Gateway motorway and Centenary highway. Close proximity to existing rail stations at Runcorn and Altandi.
Close
Metrics i HOUSE UNIT
$667,694 $386,450
1.17% -0.91%
4.33% -2.39%
4.98% 2.47%
$450 $385
202 136
3.50% 5.18%
58.85 85.01

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Calamvale QLD
Demographics
Total population 15291
Median household income ($/weekly) 1605
Median age of persons 31
Median housing loan repayment ($/monthly) 2000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1951 12.8
    25-34 years 2984 19.5
    35-44 years 2210 14.5
    45-54 years 1871 12.2
    55-64 years 1511 9.9
    Others 4764 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 6178 53.8
    Not Married 4490 39.1
    Defacto Relationship 810 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6775 46.6
    Croatia 1268 8.7
    Papua New Guinea 794 5.5
    United Kingdom 512 3.5
    Other 1626 11.2
    Others 3576 24.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 1217 8.7
    Christianity 7843 55.8
    Hinduism 603 4.3
    Islam 607 4.3
    No Religion 3445 24.5
    Others 336 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 401 9.3
    $1,250-$1,499 415 9.7
    $1,500-$1,999 692 16.1
    $2,000-$2,499 550 12.8
    $2,500-$2,999 446 10.4
    Others 1793 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5072 43.6
    Not in the labour force 3329 28.6
    Employed, worked part-time 2234 19.2
    Unemployed, looking for work 554 4.8
    Employed, away from work 440 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 816 10.5
    Professionals 1829 23.6
    Technicians & trades workers 959 12.4
    Clerical & administrative workers 1345 17.4
    Sales 833 10.8
    Others 1966 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 198 4.8
    Infants/Primary 1217 29.7
    Secondary 1049 25.6
    Technical or Further Educational Institution 396 9.6
    University or other Tertiary Institutions 1132 27.6
    Others 112 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11086 75.5
    Semi-detached, row or terrace house, townhouse 2942 20.0
    Flat, unit or apartment 652 4.4
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2139 45.4
    Rented 1399 29.7
    Fully owned 1156 24.5
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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